Idaho Bankers Association Endorses ICBA Securities

Jul 28, 2021 | Press Release
ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America has received the endorsement of the Idaho Bankers Association.

ICBA, Business Coalition Oppose IRS Reporting Proposal

Jul 28, 2021 | Press Release
The Independent Community Bankers of America and a broad coalition of business groups today expressed strong opposition to a Treasury Department proposal that would require financial institutions to report information on customer bank accounts to the IRS.

Jenna Burke Joins ICBA Government Relations Department as Senior Vice President and Senior Regulatory Counsel

Jul 27, 2021 | Press Release
The Independent Community Bankers of America announced today the hire of Jenna Burke as senior vice president and senior regulatory counsel.

Gensler: SEC regs apply to securities-backed crypto assets

Jul 23, 2021 | NewsWatch Today Article
Securities and Exchange Commission Chair Gary Gensler said securities regulations apply to platforms that offer crypto tokens or other products that are priced off the value of securities and operate like derivatives.

Nacha launches program for returning unemployment benefits

Jul 23, 2021 | NewsWatch Today Article
Nacha launched an opt-in program to facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits.

ICBA to Congress: Don’t raise g-fees for infrastructure funding

Jul 23, 2021 | NewsWatch Today Article
ICBA and other organizations called on Senate infrastructure negotiators to refrain from using Fannie Mae and Freddie Mac guarantee fees as a source of funding.

FHFA eliminates ICBA-opposed GSE fee

Jul 19, 2021 | NewsWatch Today Article
ICBA welcomed the Federal Housing Finance Agency’s announcement that it will eliminate an ICBA-opposed fee on refinance loans delivered to the government-sponsored enterprises.

CFPB cautions consumers on ‘buy now, pay later’

Jul 19, 2021 | NewsWatch Today Article
The Consumer Financial Protection Bureau recently published a blog post for consumers on buy-now-pay-later credit.

ICBA launches fintech investment fund

Jul 19, 2021 | NewsWatch Today Article
ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks.

ICBA Promotes Mike DeVoll to Assistant Vice President, Marketing Strategy and Execution

Jul 16, 2021 | Press Release
The Independent Community Bankers of America today announced Mike DeVoll’s promotion to assistant vice president of marketing strategy and execution.

ICBA Welcomes End of FHFA Refinance Fee

Jul 16, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on today's Federal Housing Finance Agency announcement on the Adverse Market Refinance Fee.

ICBA: Postal banking designed to fail

Jul 16, 2021 | NewsWatch Today Article
Postal banking is a risky venture for which the U.S. Postal Service is ill suited, ICBA told Congress in its latest issue brief.

ICBA urges grassroots on rural lending tax relief

Jul 16, 2021 | NewsWatch Today Article
Following the recent Senate introduction of legislation to provide rural lending tax relief, ICBA is calling on community bankers to urge their lawmakers in both chambers of Congress to co-sponsor the measure.

FASB to pursue further CECL improvements

Jul 16, 2021 | NewsWatch Today Article
The Financial Accounting Standards Board this week agreed to add a project to its technical agenda to investigate the suspension of troubled debt restructuring accounting for entities that have adopted the Current Expected Credit Losses accounting standard.

Child Tax Credit payments start today

Jul 15, 2021 | NewsWatch Today Article
The IRS today begins distributing Advance Child Tax Credit payments authorized by the American Rescue Plan.

CISA warns of Microsoft Print Spooler vulnerability

Jul 15, 2021 | NewsWatch Today Article
The Cybersecurity and Infrastructure Security Agency issued Emergency Directive 21-04 on mitigating a vulnerability in the Microsoft Windows Print Spooler service.

FDIC, CFPB update financial education curriculum

Jul 15, 2021 | NewsWatch Today Article
The FDIC and Consumer Financial Protection Bureau released an enhanced version of the Money Smart for Older Adults financial education curriculum.

Independent Banker Ranks Top Loan Performers

Jul 14, 2021 | Press Release
This month’s issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source for community banking news, spotlights Main Street’s top-producing lenders.

ICBA Minority Bank Advisory Council Opposes IRS Reporting Proposal

Jul 12, 2021 | Press Release
The Independent Community Bankers of America’s (ICBA) Minority Bank Advisory Council today expressed strong opposition to the Biden administration’s proposal that would require banks to report customer account information to the IRS.

ICBA, BPI Urge Federal Reserve to Clarify, Strengthen Guidelines for Fed Account Access

Jul 12, 2021 | Press Release
The Independent Community Bankers of America and Bank Policy Institute today called on the Federal Reserve to strengthen proposed guidelines for evaluating account and services requests.